The new Nexus 7 tablet will reportedly be released in July. It is rumored to have a full HD display, a slimmer bezel design, Wi-Fi and cellular capabilities. Some rumors also suggest that Google will swap the Nexus 7’s existing NVIDIA Tegra 3 processor with a Qualcomm Snapdragon S4 Pro processor. Revamped Nexus 7 is expected to retain its current price point of $199. Like before, the device will be manufactured by Asus. The slight changes in design will make this tablet thinner and lighter than before. This would give it an extra edge in the market which is literally overflowing with 7-inch tablets from a wide variety of manufacturers, a thin and light footprint coupled with Android OS will set the Nexus 7 apart beautifully.